# Circle Gas: Utilities, United Kingdom

> Circle Gas: Circle Gas is a UK-based energy access company focused on providing clean cooking solutions to low-income households in sub-Saharan Africa...

Source: https://millionrounds.com/startup/circle-gas (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Utilities startup](https://millionrounds.com/companies)

# Circle Gas

Circle Gas is a UK-based energy access company focused on providing clean cooking solutions to low-income households in sub-Saharan Africa, particularly in Tanzania and Kenya.

Email

Funding reported Last round: Corporate round

Utilities United Kingdom

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Company summary

- **Founded:** 2017 9 years old
- **Team:** 57 51 to 200 people
- **Funding reported:** 25M as listed, currency not stated
- **Last round:** Corporate round Jan 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Circle Gas has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Circle Gas

Circle Gas is a UK-based energy access company focused on providing clean cooking solutions to low-income households in sub-Saharan Africa, particularly in Tanzania and Kenya.

The company replaces traditional fuels like charcoal, kerosene, and wood with affordable Liquefied Petroleum Gas (LPG) through a pay-as-you-go (PAYG) system. This innovative approach utilizes IoT-enabled smart meters, allowing customers to purchase small amounts of gas via mobile wallets, making it easier to access clean energy without high upfront costs. Founded in 2018, Circle Gas aims to make clean cooking more accessible and affordable for families in developing regions. The company has developed a vertically integrated model that combines technology, logistics, and gas distribution. Their proprietary NB-IoT smart meter enables remote payment and gas dispensing, while efficient home delivery ensures convenience for customers. With a commitment to reducing carbon emissions, Circle Gas is actively expanding its services in Tanzania and launching in Kenya in partnership with Safaricom.

## What company datasets say Circle Gas raised

Funding, as reported

Reported in all **25M** in the source's currency

Rounds **1**

Last round **Corporate round**

Last round size **25M**

Last round date **Jan 2020**

Investors listed **1**

## Funding filed with regulators

Circle Gas filed 2 raises, $3.0M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2023 **Amount not stated** UK share allotment
- Jan 2022 **$3.0M** UK share allotment

## Founders and team

From Circle Gas's own website: 8 on the team.

- **Elena Lobodina** Circle Gas Chief Executive Officer, Board Member
- **Morten Viktor** Circle Gas Chief Technology Officer, Board Member
- **Carey Ngini** Board Chairman
- **Martin Kimani** Board Member M-Gas Kenya
- **Michael Joseph** Board Member
- **Nick Quintong** Managing Director – M-Gas Kenya
- **Peter Ndegwa** Board Member
- **Susan Githuku** Board Member

## The company, in detail

What they build

Known for

manufacturing financial services finance energy access b2c mechanical or industrial engineering services data design iot ai clean cooking lpg

Built with from their website

Yoast SEO GitLab CI/CD WordPress.org Atlassian Font Awesome Viewport Meta Autoptimize Yoast CookieYes Element UI

+8 more

Vimeo Amazon AWS AWS Analytics Wordpress Microsoft Exchange Online Apple Business Manager Gravity Forms Google Hosted Libraries

- **Sector:** Utilities
- **Industry code:** NAICS 45721, 334513
- **Region:** England
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/circle-gas)

## Utilities in United Kingdom

Startups like it

- [**tem** London · founded 2021 *Raised*](https://millionrounds.com/company/tem)
- [**Tonik Energy** Birmingham · founded 2015 *Raised*](https://millionrounds.com/company/tonik-energy)
- [**Inflowmatix** Southampton · founded 2015 *Raised*](https://millionrounds.com/company/inflowmatix)
- [**Globeleq** London · founded 2002](https://millionrounds.com/startup/globeleq)
- [**be.ev** founded 2019](https://millionrounds.com/startup/be-ev)
- [**Connected Kerb** London · founded 2017](https://millionrounds.com/startup/connected-kerb)
- [**i2O** Southampton · founded 2005](https://millionrounds.com/startup/i2o)
- [**UrbanChain** Manchester · founded 2017](https://millionrounds.com/startup/urbanchain)

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